Qingdao Weflo Valve Co., Ltd. (SHE:002871)

Qingdao Weflo Valve Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	607.66	575.9	567.37	534.96	411.75	343.35
Other Revenue	1.81	2.58	2.84	5.18	3.41	1.24
Revenue	609.47	578.47	570.21	540.14	415.16	344.59
Revenue Growth (YoY)	12.35%	1.45%	5.57%	30.10%	20.48%	-2.99%
Cost of Revenue	366.65	346.14	348.85	340.18	282.2	225.99
Gross Profit	242.83	232.33	221.37	199.96	132.96	118.6
Selling, General & Admin	73.96	73.9	67.12	63.26	49.68	44.08
Research & Development	28.75	26.72	26.33	26.5	24.2	21.24
Other Operating Expenses	1.25	2.19	2.36	4.25	3.86	4.62
Operating Expenses	106.01	102.91	98.55	95.32	80.01	69.79
Operating Income	136.82	129.42	122.82	104.63	52.94	48.81
Interest Expense	-0.84	-0	-0.14	-1.2	-1.02	-0.64
Interest & Investment Income	8.96	8.82	9.69	49.8	16.19	9.74
Currency Exchange Gain (Loss)	3.5	6.98	1.78	8.33	-1.39	-1.24
Other Non Operating Income (Expenses)	-0.26	-1.14	-0.38	-0.45	-0.55	-0.02
EBT Excluding Unusual Items	148.18	144.08	133.77	161.11	66.17	56.65
Gain (Loss) on Sale of Investments	9.98	1.28	7.34	-8.38	-3.37	4.6
Gain (Loss) on Sale of Assets	0.27	0.01	-1.17	-0.27	0.14	-0.28
Asset Writedown	-0.09	-	-	-	0.38	-
Other Unusual Items	-0.28	0.58	0.01	2.3	4.21	4.89
Pretax Income	158.05	145.94	139.94	154.75	67.54	65.85
Income Tax Expense	16.64	14.95	19.89	21.13	6.54	7.88
Earnings From Continuing Operations	141.41	131	120.05	133.63	60.99	57.97
Minority Interest in Earnings	-2.81	-0.16	-2.77	2.58	-	-
Net Income	138.6	130.84	117.28	136.21	60.99	57.97
Net Income to Common	138.6	130.84	117.28	136.21	60.99	57.97
Net Income Growth	31.09%	11.56%	-13.89%	123.31%	5.22%	9.41%
Shares Outstanding (Basic)	213	214	221	220	220	222
Shares Outstanding (Diluted)	263	247	221	220	220	222
Shares Change (YoY)	19.68%	11.56%	0.73%	-0.27%	-0.63%	-0.13%
EPS (Basic)	0.65	0.61	0.53	0.62	0.28	0.26
EPS (Diluted)	0.53	0.53	0.53	0.62	0.28	0.26
EPS Growth	9.53%	-	-14.52%	123.91%	5.89%	9.55%
Free Cash Flow	12.75	43.04	76.44	122.85	-8.19	66.31
Free Cash Flow Per Share	0.05	0.17	0.34	0.56	-0.04	0.30
Dividend Per Share	0.350	0.400	0.300	0.231	0.269	0.239
Dividend Growth	-	33.33%	29.98%	-14.26%	12.73%	0.04%
Gross Margin	39.84%	40.16%	38.82%	37.02%	32.03%	34.42%
Operating Margin	22.45%	22.37%	21.54%	19.37%	12.75%	14.16%
Profit Margin	22.74%	22.62%	20.57%	25.22%	14.69%	16.82%
Free Cash Flow Margin	2.09%	7.44%	13.41%	22.74%	-1.97%	19.24%
EBITDA	162.44	153.97	147.98	129.93	76.45	71.46
EBITDA Margin	26.65%	26.62%	25.95%	24.06%	18.41%	20.74%
D&A For EBITDA	25.62	24.54	25.17	25.3	23.5	22.65
EBIT	136.82	129.42	122.82	104.63	52.94	48.81
EBIT Margin	22.45%	22.37%	21.54%	19.37%	12.75%	14.16%
Effective Tax Rate	10.53%	10.24%	14.21%	13.65%	9.69%	11.97%
Revenue as Reported	609.47	578.47	570.21	540.14	415.16	344.59
Advertising Expenses	-	2.02	1.84	0.64	0.55	0.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.